Aion Sigma

Country: Finland 🇫🇮
Founded: 2016

The solution

We provide a solution that enables people without credit history to acquire a pay-as-you-go smartphone and earn a credit history. We partner with local MFIs, banks, telcos and distributors to bring the offering to market. Our mission is to enable equal opportunity to finance and digital 21st century for everyone.

Impact description

We focus on access to internet and finance. With our solution we can tackle both. Access to internet is transformative and it generates economic opportunities and relevant information for businesses to thrive. Finance to buy a smartphone is a starting point on path to digital and societal progress.

So far we have enabled more than 10,000 people in Nigeria to afford smartphone. In Zambia we are in early stage of leasing phones to SMBs and co-financing with MFIs their existing paygo solar customers. We intend to work with local partners empowering also the bottom of the pyramid.

Further our business model has a circular aspects to it: we turn one off sales into financial services, once a phone is bought with finance via us we will recycle one to offset the environmental footprint and third we offer combined solar panel / smartphone packages to ensure the electricity is sustainably produced.

Contact Person

Jari Ala-Ruona

What sector is the business involved in

Financial Services , Circular

List of regions the product is present outside the base country

  • Nigeria
  • Zambia

Region the company could be targeting

Africa

Number of employees

6

Looking for

Access and introductions to the right people, Bespoke market research, Capital investment


We own the IP rights for our product

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Would you like to reach out to this company?

We can help you do that. Submit your enquiry below.

Send a message (theHUB)
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By ticking this box you give your consent for Sustainary to act as a third party intermediary for every communication made through the Sustainary Cloud Hub. We value your privacy and as Cloud Hub moderators we will not share your message or information with anyone other than the intended recipient. *

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